Business

Binh Phuoc posts trade surplus of 1.16 billion USD

The southern province of Binh Phuoc enjoyed a trade surplus of 1.16 billion USD in the first nine months of this year, thanks to its effective implementation of socio-economic recovery and development measures post COVID-19.
Binh Phuoc posts trade surplus of 1.16 billion USD ảnh 1At a garment factory in Binh Phuoc (Photo: VNA)
Binh Phuoc (VNA) – The southern province of Binh Phuoc enjoyed atrade surplus of 1.16 billion USD in the first nine months of this year, thanksto its effective implementation of socio-economic recovery and development measurespost COVID-19.

The provincial People’s Committee said that the localityearned 3.14 billion USD from exports in January-September, up 9.53% year-on-year,and equal to 81.6% of the yearly plan.

In the period, the import turnover reached 1.98 billion USD,up 4% year-on-year and equivalent to 81.7% of the yearly target.

Binh Phuoc’s gross regional develop product (GRDP) grew by 9.01%, and budgetrevenue hit 11.5 trillion VND (481.2 million USD), up 27.5% year-on-year.

There are 905 newly-registered enterprises, and 272 resuming operations in theprovince.

To maintain economic growth and boost import-exportactivities in the remaining months of this year, the provincial People’sCommittee has focused resources on fulfilling the assigned missions.

It is striving to collect 14.25 trillion VND for the Statebudget, disburse over 95% of public investment, and improve its business andinvestment environment./.
VNA
#southern province of Binh Phuoc #Vietnamplus #Vietnam News Agency #gross regional develop product #year-on-year #socio-economic recovery
Follow VietnamPlus

Related News

Binh Phuoc eyes more investment from Taiwan

Binh Phuoc eyes more investment from Taiwan

Binh Phuoc always welcomes and highly values potential of Taiwanese investors, Chairman of the provincial People’s Committee Tran Tue Hien stated at an online conference to promote investment from Taiwan (China) to the southern locality, on September 29.
NA Chairman congratulates Binh Phuoc on achievements

NA Chairman congratulates Binh Phuoc on achievements

National Assembly Chairman Vuong Dinh Hue congratulated the southern province of Binh Phuoc on its socio-economic achievements, during his working session with the standing board of the provincial Party Committee on October 1.

See more

The Ministry of National Defence's inter-agency inspection team visits La Gi Fish Port in Phuoc Hoi ward, Lam Dong province. (Photo: VNA)

Lam Dong's IUU fishing prevention efforts inspected

According to the Lam Dong provincial IUU Fishing Prevention Steering Committee, all 8,177 fishing vessels measuring at least 6 metres in length have been registered and updated in the national fisheries database VNFishbase.

A member of Minh Quang Cooperative in Hung Yen province works on a farm. (Photo: VNA)

Vietnam aims to link half of farm cooperatives with enterprises by 2030

The Ministry of Agriculture and Environment will promote links between cooperatives, enterprises, science and technology organisations and other economic entities along with carrying out programmes to develop concentrated agricultural, forestry and fisheries raw material areas and enhance value chain production.

The night-time economy is increasingly seen as an important avenue for Vietnam’s tourism sector to extend visitors’ stays (Photo: VNA)

Revitalising growth momentum for night-time economy

The night-time economy has moved beyond being merely an add-on service to become a new growth driver for tourism. Night-time activities can “awaken” familiar heritage spaces and breathe new life into them. Art, light and music experiences after dark can create distinctive attractions while meeting the desire of middle- and high-end visitors to explore cultural depth.

A livestream session promotes green-skinned pomelos grown in Cho Lach commune, Vinh Long province. (Photo: VNA)

E-commerce reshapes rules of game

Once fixed fees, payment fees, infrastructure charges and service packages are included, sellers may have to spend around 24.5-27.6% of their revenue on platforms. The figure shows that the era of easy selling and low costs in e-commerce has officially come to an end.

Ho Chi Minh City targets third-quarter growth of over 11% (Photo: VNA)

Ho Chi Minh City targets third-quarter growth of over 11%

Ho Chi Minh City will continue to implement drastic measures to achieve double-digit growth, targeting GRDP growth of at least 11.07% in the third quarter of 2026, 9.43% in the first nine months and 12.3% in the fourth quarter, with a view to completing the full-year goal of 10% or more.

MM Mega Market An Phu supermarket in Ho Chi Minh City is brightly decorated for the National Day holiday. (Photo: VNA)

Domestic consumption up over 13%, tourism continues strong growth

The total retail sales of goods and consumer service revenues in August were estimated at 679.8 trillion VND (26 billion USD), up 1.6% from the previous month and 14.9% year-on-year. In the January-August period, the figure reached 5.24 quadrillion VND, representing a 13.3% increase year-on-year.

A production line of Onaga Co., Ltd. (Japan) at HANSSIP (Photo: nhandan.vn)

Hanoi moves to maintain appeal to FDI inflows

In the first eight months of 2026, the capital city attracted more than 3.7 billion USD in FDI, equivalent to 83% of the plan set for the year. Newly registered FDI exceeded 572 million USD across 450 projects, up 175.78% in project numbers and 209.46% in capital compared to the same period last year. Additional registered capital topped 492 million USD, while capital contributions and share purchases exceeded 2.6 billion USD.

Saigon Marina IFC is the first private-sector project contributing to realising the goal of developing the Vietnam International Financial Centre in Ho Chi Minh City. (Photo: VNA)

VIFC offers various opportunities to attract forein investment

Turning the VIFC into an effective channel for international capital will require clear rules, quality projects and strong connections between investors and domestic businesses. Meeting these requirements will be key to transforming investor interest into concrete capital flows and investment projects in Vietnam.

Production line at Yadea Vietnam’s smart manufacturing plant, which has an investment of more than 100 million USD, in Tan Hung Industrial Park, Bac Ninh province. (Photo: VNA)

Development model for new era – An inevitable trend

International organisations broadly agree that shifting the growth model from reliance on traditional factors toward technology and innovation is no longer an option for Vietnam, but an imperative of the times.

At a commune administrative service centre in Hung Yen province (Photo: VNA)

Government determined to cut administrative procedures to drive double-digit growth

Resolution No. 258/NQ-CP, dated August 31, 2026, calls for substantive and comprehensive reform, with a focus on maximum cuts and simplification of administrative procedures and business conditions. It also seeks to shift management from pre-licence inspection to post-licence inspection based on risk management, while strengthening real-time, data-driven oversight and putting people and businesses at the centre of public services.

(Illustrative photo: VNA)

Vietnam eyes entry into 40-billion-USD Southeast Asian CCS market: experts

A clear, transparent and stable legal framework would not only enable Petrovietnam to play a leading role in new energy development but also strengthen investor confidence, encouraging both domestic and foreign enterprises to invest, transfer technology and cooperate in developing large-scale CCS projects.